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and his friends were drunk as they blasted through the broadway tunnel in the city at 100 miles an hour in a lamborghini. the sergeant later said he was just kidding. but he has been assigned to administrative duty while internal affairs sorts through this mess. he is reportedly just months away from retirement, as well. the chief promises some swift and severe discipline if it turns out to be true. >>> bart is giving extra security this holiday season. and cbs 5 reporter cate caugiran is at the westfield shopping center here in the city and cate, shoppers headed to the malls on bart trains are apparently big targets for thieves. right? >> reporter: that's right, frank. you know, when you're holiday shopping it's really easy to get distracted when you're coming from the stores especially to the bart stations. so bart is launching a safety campaign to make sure that you are safe this holiday season. now, last night, at the west oakland station, bart partnered with oakland police, private, volunteer security guards offering escorts for riders to their cars. oakland police and bart sa
called old money but i like to call it luxury. joining the company is an international head of jewelry for christie's. welcome back. we always love to see. >> i always love to be here. stuart: when you bring good stuff with you. >> call me anytime. this will happen. stuart: for step, can we show please this rare red diamond? let's go closer to this one here. that is the red diamond. can we focus a little more on that? don't see that well on the screen. how much? >> it is a tree carrots stone and we with a larger diamond which wwll give you a sense of the rarity. a round stone, has two of the rest queues in the dime in the world, red and orange and it will make $1 million, $300,000 a carat. that is a lot of money but it is not very big. it is the rarity of the color. you don't get red diamonds in large sizes. stuart: not bad for your business. >> not all. it is all educational. stuart: $300,000 a carat for a rare red diamond. >> so glad i came to work today on fox business. look at what i get to wear. stuart: got to get this on camera really well so you conceive the size of this thing.
quarter. i think this may be keeping with the idea that citi is an international company. don't need as much stuff here. maybe. >> to the extent financial services are being commotitized. reflective of changes going on overall at financial services as you get out of markets that are so transparent now that you can't make the margin that you once again. therefore you have to focus on the cost size. >> i don't think people understand how much money they used to make. in a transaction you could hide gross credit. you could say you're buying this at 100 but you are getting to 98. no one is taking two anymore. those were the ways you really made a lot of money if you were a sales trader. >> the bulk of the layoffs is from global consumer banking. >> global consumer. >> they are talking brazil, hong kong -- >> those are growth markets. >> that's fascinating. 35% coming from that. >> and 25% from institutional clients. >> what the heck are they doing? are they retreating? the whole thing was to put everybody there. i guess -- >> it's not a supermarket. they want to be bodega. >> they didn't
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